401(k) · DOL Form 5500 · 2023

American Workboats, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
162
Participants Small participant base
61st
Percentile by assets National rank
$67,742
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: American Marine Services Group 401(k) Profit Sharing Plan · Sponsored by American Workboats, Inc. · Hawaii · Construction

$11M in assets, 162 participants

American Workboats, Inc.'s American Marine Services Group 401(k) Profit Sharing Plan reported $11M in total assets and 162 participants in its 2023 DOL Form 5500 filing, ranking in the 61st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,323 in Construction (9,030 peers)

Coverage in Hawaii

American Marine Services Group 401(k) Profit Sharing Plan covers 162 participants in Hawaii, about 43% of the average Hawaii filer (state average ~380 per filing). Assets: $11M.

#5,323
in Construction (9,030 peers)
+13.5%
assets growth YoY

American Marine Services Group 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

American Marine Services Group 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,974,214 Top 39% higher than 61% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

American Marine Services Group 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Marine Services Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Marine Services Group 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • American Marine Services Group 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • American Marine Services Group 401(k) Profit Sharing Plan reported participants rose from 146 in the plan year 2022 filing to 162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 990164323 · American Workboats, Inc. PY 2023 · 401(k)

American Marine Services Group 401(k) Profit Sharing Plan · $11M · 162 · 61st

  • RANK $11M
  • RANK 162
  • RANK 61st
  • RANK 401(k)
  • RANK near Southern States Utility Trailer Sales, Inc. 401(k) Retirement Plan
  • RANK ind #5323

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Hawaii →

American Marine Services Group 401(k) Profit Sharing Plan in the asset neighbourhood

American Marine Services Group 401(k) Profit Sharing PlanAmerican Marine Services Gro…$11MSouthern States Utility Trailer Sales, Inc. 401(k) Retirement PlanSouthern States Utility Trai…$11MRobert a. Mecum, M.D., Inc. 401(k) Safe Harbor Profit Sharing PlanRobert a. Mecum, M.D., Inc. …$11MFishbowl Solutions Retirement PlanFishbowl Solutions Retiremen…$11MWendell H. Stone Co., Inc. 401(k) PlanWendell H. Stone Co., Inc. 4…$11M
End-of-year total assets ($M) among American Marine Services Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hawaii filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN990164323
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Workboats, Inc.)

Sponsor-wide plan assets over time

All American Workboats, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 28.61732135908337% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $9.67M $12.4M ▲ +28.5%
Year Plans Participants Total Assets
2022 1 146 $10M
2023 1 162 $11M
2024 1 191 $12M

Nearby 401(k) Plans in Hawaii

Peer 401(k) plans, same state, same plan type, ranked by total assets.

American Marine Services Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.52 Total assets ($B) Participants American Marine Services Group 401(k) Profit Sharing Plan, Total assets ($B): 0.010974214 · Participants: 162American Marine Services Group 401(k) Profit Sharing PlanThe Queen's Health Systems Retirement Savings Plan, Total assets ($B): 1.628724442 · Participants: 8612The Queen's Health Systems Retirement Savings PlanBank of Hawaii Retirement Savings Plan, Total assets ($B): 0.75887371 · Participants: 2094Bank of Hawaii Retirement Savings PlanHawaiian Electric Industries Retirement Savings Plan, Total assets ($B): 0.68477192 · Participants: 2679Hawaiian Electric Industries Retirement Savings PlanHawaiian Airlines, Inc. Pilots' 401(k) Plan, Total assets ($B): 0.582282026 · Participants: 1021Hawaiian Airlines, Inc. Pilots' 401(k) PlanKamehameha Schools 401(k) Retirement Savings Plan, Total assets ($B): 0.557808033 · Participants: 2460Kamehameha Schools 401(k) Retirement Savings Plan
American Marine Services Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Hawaii, assets vs. participants

American Marine Services Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Hawaii, the nearest 401(k) by assets is Southern States Utility Trailer Sales, Inc. 401(k) Retirement Plan in MS ($11M); by covered participants it is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did American Marine Services Group 401(k) Profit Sharing Plan assets move in 2023?
American Marine Services Group 401(k) Profit Sharing Plan grew at a solid clip - up 13.5% during 2023, from $10M to $11M. Reported net income was $1M.
How have American Workboats, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Workboats, Inc.'s sponsor-wide assets grew 28.6%, from $10M to $12M.
Which 401(k) plans are similar in size to American Marine Services Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Southern States Utility Trailer Sales, Inc. 401(k) Retirement Plan in MS ($11M, 143 participants).
Which 401(k) plans cover a similar participant headcount to American Marine Services Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants, N/A in assets).